La Z Boy Incorporated Stock Technical Analysis
LZB Stock | USD 34.04 0.35 1.02% |
As of the 25th of April, La Z owns the Standard Deviation of 1.83, market risk adjusted performance of 0.0064, and Mean Deviation of 1.46. Concerning fundamental indicators, the technical analysis model lets you check potential technical drivers of La Z Boy, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for La Z, which can be compared to its peers in the sector. Please verify La Z Boy jensen alpha, and the relationship between the coefficient of variation and potential upside to decide if La Z Boy Incorporated is priced favorably, providing market reflects its prevailing price of 34.04 per share. Given that La Z Boy has jensen alpha of (0.17), we recommend you to check La Z's latest market performance to make sure the company can sustain itself at some future date.
La Z Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as LZB, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to LZBLZB |
La Z Analyst Consensus
Target Price | Advice | # of Analysts | |
43.0 | Buy | 3 | Odds |
Most LZB analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand LZB stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of La Z Boy, talking to its executives and customers, or listening to LZB conference calls.
La Z technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
La Z Boy Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of La Z Boy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
La Z Boy Trend Analysis
Use this graph to draw trend lines for La Z Boy Incorporated. You can use it to identify possible trend reversals for La Z as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual La Z price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.La Z Best Fit Change Line
The following chart estimates an ordinary least squares regression model for La Z Boy Incorporated applied against its price change over selected period. The best fit line has a slop of 0.04 , which may imply that the returns on investment in La Z Boy Incorporated will continue to fail. It has 122 observation points and a regression sum of squares at 67.03, which is the sum of squared deviations for the predicted La Z price change compared to its average price change.About La Z Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of La Z Boy Incorporated on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of La Z Boy Incorporated based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on La Z Boy price pattern first instead of the macroeconomic environment surrounding La Z Boy. By analyzing La Z's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of La Z's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to La Z specific price patterns or momentum indicators. Please read more on our technical analysis page.
2011 | 2021 | 2023 | 2024 (projected) | Dividend Yield | 0.008323 | 0.0241 | 0.024 | 0.0246 | Price To Sales Ratio | 1.15 | 0.53 | 0.49 | 0.52 |
La Z April 25, 2024 Technical Indicators
Most technical analysis of LZB help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for LZB from various momentum indicators to cycle indicators. When you analyze LZB charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
Cycle Indicators | ||
Math Operators | ||
Math Transform | ||
Momentum Indicators | ||
Overlap Studies | ||
Pattern Recognition | ||
Price Transform | ||
Statistic Functions | ||
Volatility Indicators | ||
Volume Indicators |
Risk Adjusted Performance | 0.0076 | |||
Market Risk Adjusted Performance | 0.0064 | |||
Mean Deviation | 1.46 | |||
Semi Deviation | 2.17 | |||
Downside Deviation | 2.22 | |||
Coefficient Of Variation | 59410.37 | |||
Standard Deviation | 1.83 | |||
Variance | 3.36 | |||
Information Ratio | (0.05) | |||
Jensen Alpha | (0.17) | |||
Total Risk Alpha | (0.26) | |||
Sortino Ratio | (0.04) | |||
Treynor Ratio | (0) | |||
Maximum Drawdown | 8.04 | |||
Value At Risk | (2.96) | |||
Potential Upside | 2.39 | |||
Downside Variance | 4.91 | |||
Semi Variance | 4.73 | |||
Expected Short fall | (1.27) | |||
Skewness | (0.57) | |||
Kurtosis | 0.0048 |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in La Z Boy Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the La Z Boy information on this page should be used as a complementary analysis to other La Z's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for LZB Stock analysis
When running La Z's price analysis, check to measure La Z's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy La Z is operating at the current time. Most of La Z's value examination focuses on studying past and present price action to predict the probability of La Z's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move La Z's price. Additionally, you may evaluate how the addition of La Z to your portfolios can decrease your overall portfolio volatility.
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Equity Valuation Check real value of public entities based on technical and fundamental data |
Is La Z's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of La Z. If investors know LZB will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about La Z listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 0.745 | Earnings Share 2.7 | Revenue Per Share 47.71 | Quarterly Revenue Growth (0.13) |
The market value of La Z Boy is measured differently than its book value, which is the value of LZB that is recorded on the company's balance sheet. Investors also form their own opinion of La Z's value that differs from its market value or its book value, called intrinsic value, which is La Z's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because La Z's market value can be influenced by many factors that don't directly affect La Z's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between La Z's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Z is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Z's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.